President Biden must hope that America has forgotten Ronald Reagan’s famous question about the economy. The reason? Because economically, Americans fare worse and worse under Biden. This is not the product of exaggeration; instead, it’s the product of inflation and expectation. In his only debate with President Jimmy Carter in 1980, Ronald Reagan asked America a simple question: “Are you better off than you were four years ago?” Elegant simplicity itself, the question distilled the complexities of economics to their essential kernel: How’re you doing? In 1980, there was only one answer economically. After it was acknowledged, there was only one outcome politically: Carter had to g
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